AV Homes, Inc. (AVHI)
A class action lawsuit has been filed against AV Homes, Inc.("AV Homes" or the "Company") (AVHI) for alleged violations of Federal Securities Laws in connection with the proposed sale of the Company to Taylor Morrison Home Corporation ("TMH") (TMHC).
According to the terms of the proposed transaction, AV Homes shareholders may elect to receive, for each AV Homes share that they own (a) $21.50 in cash; (b) 0.9793 shares of TMH Class A common stock; or (c) the combination of $12.64 in cash and 0.4034 shares of TMH Class A common stock, subject to an overall proration of approximately 60% cash and 40% stock.
If you are a current shareholder and would like to discuss your options of exercising your rights as a shareholder, which include ensuring that the company is getting the highest possible price for the company, and that the board of directors will act in the best interest of the shareholders, please contact us.
Please submit the following information so we can determine if you qualify for the suit. If you don't know all the specific details, partial information is also acceptable.
Please Note: Neither the submission to nor the receipt of information by The Law Offices of Marc S. Henzel or one of its attorneys through this website constitutes an agreement by the firm to represent the individual and does not create an attorney-client relationship.